Analysts from 13 leading securities firms estimate that Thai Union Group Public Company Limited, or TU, will report normal profit in the third quarter of 2026 in the range of 1.349 billion to 1.42 billion baht, growing 13% to 17% year-on-year and 3% to 9% quarter-on-quarter. Total revenue is expected at 35.729 billion to 36 billion baht, growing 4% to 4.6% year-on-year, driven by the pet food business, where sales grew 12% to 17%, and the processed seafood business, which grew about 3% to 4%. The gross profit margin is expected at 20.3% to 20.7%, with a dividend yield of 5.7% to 7%. However, tuna prices surged to 2,200 to 2,300 US dollars per ton in August and September, up 34% to 42% year-on-year, and are expected to pressure fourth-quarter margins by about 0.5%. Meanwhile, SG&A expenses as a proportion of sales reached 14.6% to 14.8%, and a foreign exchange loss of about 100 million baht is expected in the third quarter of 2026.
Thai Union Group PCLAnalysts expect TU's Q3/2026 normal profit to grow 13-17% year-on-year with a 5.7-7% dividend yield.
